Premier Energies Limited IPO Final update | Nifty 25000 crossed? | 26/8/2024

Summary

The video script discusses an upcoming IPO, emphasizing its large size of 2830 crores and comparing it to other IPOs in the 200-250 crore range. It advises viewers on applying under different categories, including retail, NI small, and NI big, highlighting the chances of allocation. The speaker shares personal insights and strategies for applying with multiple names for higher chances and discusses financial aspects, market trends, and potential reactions to the IPO. The script also touches on the promoter's actions, market sentiment, and the importance of consulting financial advisors before investing.

Takeaways

• 📈 The upcoming IPO is expected to be large, with a size of 2830 crores, which is significant compared to the usual IPOs that range between 200-250 crores.
• 💡 The allocation chances in large IPOs can be competitive, especially if applying with multiple names within a family, which is a common practice to increase the chances of allotment.
• 🛒 Three categories are mentioned for the IPO: Retail, ENI Small (around 2 lakhs), and ENI Big (around 98.8 lakhs), with considerable interest in the ENI Big category.
• 💼 For those with limited funds, it's advised to open a DEMAT account if not already done, and the speaker shares a personal link for account opening with additional benefits.
• 💰 If the fund availability is between 1-4 lakhs, applying in the Retail category is suggested, while for higher funds, applying in the ENI Big category is considered a better option.
• 🚫 The speaker advises avoiding the ENI Small category due to lower chances of allotment and higher competition from retail investors.
• 📉 The speaker shares a personal expectation that the IPO might list at a premium and offers to keep the audience updated with an 'Open for All Free' session if the allotment comes by evening.
• 🏦 The script also discusses the financials of the company in the IPO, mentioning losses in 2022-2023 but a turnaround and profitability due to new clients, making it an interesting IPO to study.
• 📊 The speaker provides a personal view on the market, suggesting that if the market continues to rise, it could impact the stock price, and mentions a potential support level for the NIFTY.
• 📈 The script touches on the overall market sentiment, with small and mid-cap stocks performing well, and large-cap stocks expected to lead if the market reaches new highs.

Q & A

What is the total size of the IPO discussed in the script?

The total size of the IPO discussed is 2830 crores.

What is the comparison being made with other IPOs in terms of size?

The comparison is made with other IPOs that are typically around 200-250 crores in size.

What are the chances of getting an allotment in this IPO if applying with multiple names?

The chances of getting an allotment are competitive and high due to the large size of the IPO and the number of applicants.

What are the three categories mentioned for IPO application?

The three categories mentioned are Retail, NI Small (New Investors with applications around 2 lakhs), and NI Big (New Investors with larger amounts).

What is the application amount for NI Small and NI Big categories?

The application amount for NI Small is 7900 and for NI Big is 98800.

What is the advice for someone with a limited budget for the IPO application?

For someone with a limited budget, it's advised to apply through as many Demat accounts as possible, even if the amount per application is small.

What is the strategy if the person has a larger budget for the IPO application?

With a larger budget, the strategy is to apply in the HNI Big category, which has an application size of 98.8 lakhs, and to maximize the chances by applying with as much funds as possible.

Why is the NI Small category not recommended for application?

The NI Small category is not recommended because the chances of allotment are very low due to the high number of applicants with limited funds.

What is the current gray market premium for the IPO discussed in the script?

At the time of the script, the gray market premium for the IPO is around 70.

What is the advice regarding the financial advisor before investing in the IPO?

The advice is to consult with a financial advisor and study the financials before making any investment decisions in the IPO.

What is the discussion about the promoter's group and their actions?

The discussion is about the promoter's group transferring shares from one entity to another and the implications of such actions on the IPO and investor sentiment.